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The Transaction Adds Momentum to the Continued Growthof Joy Spreader's OverseasIndependent Station E-Commerce Business BEIJING, June 9, 2022 /PRNewswire/ On June 7, Joy Spreader Group Inc. ("Joy Spreader" or the "Company") announced that it has entered into a placement and subscription agreement to raise approximately HK$600 million (approx. US$76.5 million) to further support the rapid development of its overseas independent statione-commerce business,as well asto expand the scale of the businessand consolidate its market position. Goldman Sachs, the world's leadinginvestment bank, actedas the exclusive agent for the placement. Joy Spreaderis aleader in new media performance-based marketing, providing new media traffic commercialization services both in China and abroad through digital technologies that facilitate the direct-to-consumer ("DTC") sales of their clients' products. The Company is one of the largest in China using marketing algori

Goldman sachsJoy spreader group incTransaction adds momentumContinued growthJoy spreaderOverseasindependent statione commerceJoy spreader groupSoutheast asiaSpreader groupThe transaction adds momentum to continued growthof joy spreader 39s overseasindependent statione commerce business beijingJune 9022 prnewswire on june 7Oy spreader group inc quot joy or the company announced that it has entered intoa placement and subscription agreement to raise approximately hk 600 million approx us 76 5 further support rapid development of its overseas independent statione commerce businessAs well asto expand the scale of businessand consolidate its market position goldman sachsHe world 39s leadinginvestment bankCtedas the exclusive agent for placement joy spreaderis aleader in new media performance based marketing